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Expense Deferral

  • 1.  Expense Deferral

    Posted 14 days ago
    I have been testing expense deferrals and just want to confirm I am looking at this correctly.  It appears if I want to defer monthly for 12 months I would need all those periods open for the GL.  I thought the entry would go to the GL and we could post monthly from there, but since all 12 months go into the same batch I don't see a way to do that.  Is there a way to use expense deferrals without opening every period?

    Thanks,

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    Marilyn Hunter
    BCforward
    Indianapolis IN
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    Academy - Online Interactive Learning from Experts


  • 2.  RE: Expense Deferral

    GPUG ALL STAR
    Posted 14 days ago
    No, if the periods already exist and it's your practice to keep future periods closed, you can go under Deferral Setup (Financial > Setup > Financial > Deferral) and change the configuration to Auto Post Into Future GL Periods. The one caveat is, you need to ensure if one such future periods fall into the subsequent year and you haven't set that up, that you do so prior to attempting to post the deferral.

    Yes, entries can go to the GL. Just make sure that you go to the Deferral Setup window and change the Automatically Post Through GL to No. Also, check to make sure your Posting setup for GL (Administration > Setup > Posting > Posting) is not set to Post Through GL.

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    Mariano Gomez Bent, MVP, Dynamics Credentialed Professional
    Director of Technology
    Mekorma
    ROSWELL GA
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    Academy - Online Interactive Learning from Experts


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